Stock analysts at StockNews.com assumed coverage on shares of Atlantic American (NASDAQ:AAME – Get Free Report) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the financial services provider’s stock.
Atlantic American Stock Performance
NASDAQ AAME opened at $1.70 on Wednesday. Atlantic American has a 1 year low of $1.26 and a 1 year high of $3.00. The business’s fifty day moving average is $1.52 and its two-hundred day moving average is $1.59. The stock has a market capitalization of $34.68 million, a P/E ratio of -4.86 and a beta of 0.45.
Atlantic American (NASDAQ:AAME – Get Free Report) last announced its earnings results on Tuesday, November 12th. The financial services provider reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $44.52 million for the quarter. Atlantic American had a negative return on equity of 8.17% and a negative net margin of 3.72%.
Institutional Inflows and Outflows
Atlantic American Company Profile
Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. It operates through American Southern and Bankers Fidelity segments. The company offers property and casualty insurance products, including commercial automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; general liability; and inland marine insurance products.
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